(want to go straight to the paper? here is the pdf and the google doc) Aid funding has a few fundamental problems that are inherent in traditional delivery models. These problems are shared by impact investment a well as any other approaches that rely...Read More
Transparency and visibility in development is a big deal. And so it should be. Ca. 150 billion USD are spent on aid/ development projects every year globally. Most of this money is public money — taxpayer’s hard earned cash — and much of this money...Read More
The theory behind social impact bonds is pretty straight forward: Investors provide upfront money for development/ social programs, based on an informed assumption/ risk that these programs will achieve certain outcomes/ milestones. If these outcomes are met, an underwriter (traditional donor...Read More
For a more detailed explanation see this post. You can also download the pdf version of this infographic here.
There is a lot of excitement around Unconditional Direct Cash Transfers (UDCT). Has been for a while, actually. The idea is simple: transfer cash to people directly, instead of funding large incumbents who, more often than not, do not reach the intended impact...Read More
Here is a fact: Informal economies are the rule, not the exception. Have a look at these two graphs - they show total transactions by retail channels per country (Sub-Saharan Africa only). The first one shows transactions across all retail sectors...Read More
Ask anyone in this business: the aid industry in general and donors in particular have a very low tolerance to risk. Donors will always award the majority of their money to Low-risk programs implemented by solid, low-risk partners. Innovation, particularly...Read More